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Home News Bajaj Auto Q3 net profit down 4.74% to Rs 924 crore

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Bajaj Auto Q3 net profit down 4.74% to Rs 924 crore

Bajaj Auto Q3 net profit down 4.74% to Rs 924 crore

Tuesday, January 31, 2017, 3:11 PM

Bajaj Auto Ltd, India’s second largest motorcycle maker, posted muted earnings for the three months ended 31 December as it sold fewer vehicles following the government’s demonetisation move on 8th November.Net profit in the third quarter fell 4.74% to Rs 924.6 crore from Rs 970.61 crore a year ago.Total income fell 9% to Rs 5,354.13 crore from Rs 5,884.25 crore.
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